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Deploying new materials, China Zhongji Completed Equity Investment in "Zhongtai Group"

(Summary description)

Deploying new materials, China Zhongji Completed Equity Investment in "Zhongtai Group"

(Summary description)

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Recently, China Zhongji Investment completed the equity investment in Shenyang Zhongtai Equipment Manufacturing Co., Ltd. (referred to as " Zhongtai Group "). Zhongtai Group is a leading domestic provider of titanium and titanium alloy special materials, parts and lightweight overall solutions, focusing on high-end manufacturing fields such as defense industry, rail transit, and civil industry.

 

 

Zhongtai Group was established in September 2016 and is headquartered in Shenyang, Liaoning. The company’s project development team has been conducting research on titanium alloy materials since 2002. Currently, it has the only domestic titanium and titanium alloy parts and components industry chain production system, and has established ten major production systems of "smelting, forging, rolling, heat treatment, plate, pipe, wire, welding, finishing, and assembly", forming a full range of product production capabilities and advantages.

 

Zhongtai Group emphasizes technological innovation. Its self-developed low-cost and high-strength HST2425 titanium alloy is 20% lower in price and 20% higher in comprehensive performance than TC4, and can be widely used in the defense industry and rail transit. Its self-developed high-end products of titanium alloy thin-walled profiles can realize import substitution and are suitable for mass production.

 

At present, the main business of Zhongtai Group is mainly divided into two directions, military and civilian.

 

 Wu Fushen, partner and managing director of Zhongji Investment, said that titanium alloys have significant light-weight, high-strength, and corrosion-resistant material properties, and there is a lot of room for substitution in the future. After years of hard work, the technology and products of Zhongtai Group have been widely recognized by the military. The entire industrial chain production system of Zhongtai Group and the nature of a private enterprise enable it to provide customers with more comprehensive and complete technical and product solutions at a higher cost-effective. Extensive and in-depth cooperation with peers has also created more possibilities for Zhongtai Group and brought more business growth points. We are optimistic about the rapid growth of Zhongtai Group in the future, and look forward to cooperating with more companies and peers in the field of new materials to promote the healthy and rapid development of the industry.

 

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© 2020 Zhongji Investment All rights reserved  冀ICP备16024224号  冀公网安备 13010802001239号